kospi behaving insanely

A minute into the open, the market went insane. 20 ticks moves in 1 second. 2-3 ticks spread and thin depth.

Now it is getting back to normal. Any clues what happened?

 

Don't know what happened, but the US futs took a dive also...

Seem to be recovering now at 9pm

 

Well when they keep pushing up the markets relentlessly at one point or another your gonna get a dump.

Anyone remember the flash crash?

Well that's what happens when MM's (banks ie GS) keep trying to squeeze shorts out over and over and over.

 

Rumor of a massive restatement by BAC (fraud).

 

maybe Kim Jung Il had a hiccup

 

http://www.cnbc.com/id/41486382

 

Thanks for the link.